(Reuters) - General Electric Co posted quarterly profit that
beat Wall Street's forecasts by a penny and said it was exiting
the subprime mortgage lending market.
Shares of GE, the world's second-largest company by market
capitalization, rose 1.3 percent in Europe. The conglomerate also said it had raised its share repurchases to $14 billion.
For details, see [ID:nWNAS5926]
Read more at Reuters.com Bonds News
beat Wall Street's forecasts by a penny and said it was exiting
the subprime mortgage lending market.
Shares of GE, the world's second-largest company by market
capitalization, rose 1.3 percent in Europe. The conglomerate also said it had raised its share repurchases to $14 billion.
For details, see [ID:nWNAS5926]
Read more at Reuters.com Bonds News
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